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Efficient frontier estimation: a maximum entropy approach

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  • Randall Campbell
  • Kevin Rogers
  • Jon Rezek

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  • Randall Campbell & Kevin Rogers & Jon Rezek, 2008. "Efficient frontier estimation: a maximum entropy approach," Journal of Productivity Analysis, Springer, vol. 30(3), pages 213-221, December.
    • Handle: RePEc:kap:jproda:v:30:y:2008:i:3:p:213-221
    DOI: 10.1007/s11123-008-0103-9
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    References listed on IDEAS

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    1. Léopold Simar & Paul Wilson, 2000. "Statistical Inference in Nonparametric Frontier Models: The State of the Art," Journal of Productivity Analysis, Springer, vol. 13(1), pages 49-78, January.
    2. Sengupta, Jati K., 1992. "The maximum entropy approach in production frontier estimation," Mathematical Social Sciences, Elsevier, vol. 25(1), pages 41-57, December.
    3. Greene, William H., 1990. "A Gamma-distributed stochastic frontier model," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 141-163.
    4. Kneip, Alois & Simar, Léopold & Wilson, Paul W., 2008. "Asymptotics And Consistent Bootstraps For Dea Estimators In Nonparametric Frontier Models," Econometric Theory, Cambridge University Press, vol. 24(6), pages 1663-1697, December.
    5. Jati Sengupta, 1995. "Estimating efficiency by cost frontiers: a comparison of parametric and nonparametric methods," Applied Economics Letters, Taylor & Francis Journals, vol. 2(4), pages 86-90.
    6. Douglas J. Miller, 2002. "Entropy-Based Methods of Modeling Stochastic Production Efficiency," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(5), pages 1264-1270.
    7. Ferrier, Gary D. & Lovell, C. A. Knox, 1990. "Measuring cost efficiency in banking : Econometric and linear programming evidence," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 229-245.
    8. Bauer, Paul W. & Berger, Allen N. & Ferrier, Gary D. & Humphrey, David B., 1998. "Consistency Conditions for Regulatory Analysis of Financial Institutions: A Comparison of Frontier Efficiency Methods," Journal of Economics and Business, Elsevier, vol. 50(2), pages 85-114, March.
    9. Alfons Lansink & Elvira Silva & Spiro Stefanou, 2001. "Inter-Firm and Intra-Firm Efficiency Measures," Journal of Productivity Analysis, Springer, vol. 15(3), pages 185-199, May.
    10. Laurent Weill, 2004. "Measuring Cost Efficiency in European Banking: A Comparison of Frontier Techniques," Journal of Productivity Analysis, Springer, vol. 21(2), pages 133-152, March.
    11. Abdul Wadud & Ben White, 2000. "Farm household efficiency in Bangladesh: a comparison of stochastic frontier and DEA methods," Applied Economics, Taylor & Francis Journals, vol. 32(13), pages 1665-1673.
    12. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
    13. Golan, Amos & Judge, George G. & Miller, Douglas, 1996. "Maximum Entropy Econometrics," Staff General Research Papers Archive 1488, Iowa State University, Department of Economics.
    14. Christensen, Laurits R & Greene, William H, 1976. "Economies of Scale in U.S. Electric Power Generation," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 655-676, August.
    15. Khem Sharma & Pingsun Leung & Halina Zaleski, 1997. "Productive Efficiency of the Swine Industry in Hawaii: Stochastic Frontier vs. Data Envelopment Analysis," Journal of Productivity Analysis, Springer, vol. 8(4), pages 447-459, November.
    16. Meeusen, Wim & van den Broeck, Julien, 1977. "Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 18(2), pages 435-444, June.
    17. Aigner, Dennis & Lovell, C. A. Knox & Schmidt, Peter, 1977. "Formulation and estimation of stochastic frontier production function models," Journal of Econometrics, Elsevier, vol. 6(1), pages 21-37, July.
    18. Rajiv D. Banker, 1993. "Maximum Likelihood, Consistency and Data Envelopment Analysis: A Statistical Foundation," Management Science, INFORMS, vol. 39(10), pages 1265-1273, October.
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    Citations

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    Cited by:

    1. Victor Moutinho & Mara Madaleno, 2021. "A Two-Stage DEA Model to Evaluate the Technical Eco-Efficiency Indicator in the EU Countries," IJERPH, MDPI, vol. 18(6), pages 1-21, March.
    2. Qiuqiong Huang & Richard Howitt & Scott Rozelle, 2012. "Estimating production technology for policy analysis: trading off precision and heterogeneity," Journal of Productivity Analysis, Springer, vol. 38(2), pages 219-233, October.
    3. Laureti, Tiziana & Secondi, Luca & Biggeri, Luigi, 2014. "Measuring the efficiency of teaching activities in Italian universities: An information theoretic approach," Economics of Education Review, Elsevier, vol. 42(C), pages 147-164.
    4. Victor MOUTINHO & Margarita ROBAINA & Pedro MACEDO, 2018. "Economic-environmental efficiency of European agriculture - a generalized maximum entropy approach," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 64(10), pages 423-435.
    5. Macedo, Pedro & Scotto, Manuel, 2014. "Cross-entropy estimation in technical efficiency analysis," Journal of Mathematical Economics, Elsevier, vol. 54(C), pages 124-130.
    6. Gralka, Sabine, 2018. "Stochastic frontier analysis in higher education: A systematic review," CEPIE Working Papers 05/18, Technische Universität Dresden, Center of Public and International Economics (CEPIE).
    7. Peng, Hongsong & Zhang, Jinhe & Lu, Lin & Tang, Guorong & Yan, Bingjin & Xiao, Xiao & Han, Ya, 2017. "Eco-efficiency and its determinants at a tourism destination: A case study of Huangshan National Park, China," Tourism Management, Elsevier, vol. 60(C), pages 201-211.
    8. Michail Tsagris & Vangelis Tzouvelekas, 2022. "Nitrate leaching and efficiency measurement in intensive farming systems: A parametric by‐production technology approach," Agricultural Economics, International Association of Agricultural Economists, vol. 53(4), pages 633-647, July.
    9. Pedro Macedo & Elvira Silva & Manuel Scotto, 2014. "Technical efficiency with state-contingent production frontiers using maximum entropy estimators," Journal of Productivity Analysis, Springer, vol. 41(1), pages 131-140, February.
    10. Dongwei Su & Xingxing He, 2012. "Ownership structure, corporate governance and productive efficiency in China," Journal of Productivity Analysis, Springer, vol. 38(3), pages 303-318, December.
    11. Tsionas, Mike G., 2023. "Minimax regret priors for efficiency estimation," European Journal of Operational Research, Elsevier, vol. 309(3), pages 1279-1285.
    12. Elvira Silva & Pedro Macedo & Isabel Soares, 2019. "Maximum entropy: a stochastic frontier approach for electricity distribution regulation," Journal of Regulatory Economics, Springer, vol. 55(3), pages 237-257, June.

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    More about this item

    Keywords

    Efficiency; Generalized maximum entropy; Stochastic frontier approach; Data envelopment analysis; Deterministic parametric approach; C14;
    All these keywords.

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General

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